Pipeline Network – Denbury

Denbury has the largest pipeline network in the U.S.—and our infrastructure is growing. We currently own or operate over 1,300 miles of carbon dioxide (“CO2”) pipelines, with plans to substantially expand our network to meet the rapidly growing demand for Carbon Capture, Utilization, and Storage (“CCUS”) solutions. Strategically located in close proximity to the high-concentration emissions corridor of the Gulf Coast, and in oil-producing regions of the Rocky Mountains, our pipeline network has the ability to provide a high-capacity, reliable, flexible CO2 transportation and storage system, with significant scale and expandability.

In 2022, Denbury’s pipeline network transported approximately 240 million cubic feet of CO2 from industrial sources per day, for use in our enhanced oil recovery (“EOR”) operations. We plan to increase our usage of industrially sourced CO2 from currently planned or future construction of facilities that plan to implement carbon capture technology. In addition, we are building a portfolio of properties for carbon sequestration, in close proximity to our CO2 pipelines.